Jefferies Group Reaffirms “Buy” Rating for Paypoint plc (PAY)
PAY has been the subject of several other research reports. Canaccord Genuity upped their price target on Paypoint plc from GBX 1,035 ($13.51) to GBX 1,063 ($13.88) and gave the company a buy rating in a report on Monday, June 6th. Barclays PLC reaffirmed an equal weight rating and issued a GBX 890 ($11.62) price target on shares of Paypoint plc in a report on Thursday, June 30th. Numis Securities Ltd reaffirmed a hold rating and issued a GBX 879 ($11.47) price target on shares of Paypoint plc in a report on Thursday, July 28th. JPMorgan Chase & Co. reaffirmed a neutral rating and issued a GBX 877 ($11.45) price target on shares of Paypoint plc in a report on Friday, July 29th. Finally, Liberum Capital reaffirmed a buy rating and issued a GBX 1,000 ($13.05) price target on shares of Paypoint plc in a report on Thursday, September 15th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of Hold and an average price target of GBX 998.86 ($13.04).
Paypoint plc (LON:PAY) opened at 1082.00 on Thursday. The firm’s market cap is GBX 736.76 million. Paypoint plc has a 12 month low of GBX 700.00 and a 12 month high of GBX 1,121.00. The firm’s 50-day moving average price is GBX 1,010.76 and its 200-day moving average price is GBX 923.78.
Paypoint plc Company Profile
PayPoint plc is a United Kingdom-based holding company. Through its subsidiaries, the Company is engaged in providing clients with specialist consumer payment and other services and products, transaction processing and settlement. It offers payments for everyone from consumer and financial services companies to retailers, utilities, media, gaming and government clients.
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